CENTURY21 Advantage Gold Market Report

Lafayette Hill, PA

Single-Family Homes

CENTURY 21 Advantage Gold | customercare@c21ag.com | 215-671-4701


Lafayette Hill, PA

Sun May 05 2024
This week the median list price for Lafayette Hill, PA is $599,000 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 7. Click here to stay informed with the Lafayette Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Lafayette Hill, PA

Sun May 05 2024
This week the median list price for Lafayette Hill, PA is $599,000 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 7. Click here to stay informed with the Lafayette Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Lafayette Hill market.
Median List Price $599,000
Median Price of New Listings $532,000
Per Square Foot $263
Average Days on Market 103
Median Days on Market 0
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 56
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,159,000 4,936 0.5 - 1 acre 4 4.5 48 0 0 301
$745,000 2,348 0.25 - 0.5 acre 3 3.3 112 1 0 199
$599,000 1,866 0.25 - 0.5 acre 4 3 51 1 0 10
$462,499 2,649 0.25 - 0.5 acre 4 2 75 2 0 0